Learn how Porter's Five Forces and PESTLE Analysis aid strategic planning through market competition and external factor assessment.

Porter’s Five Forces model serves as a framework for strategic management. It has served as the North Star of the business industry since Michael E. Porter introduced it in a 1979 issue of the Harvard ...

Awareness of the five forces can help a company understand the structure of its industry and stake out a position that is more profitable and less vulnerable to attack. by Michael E. Porter In essence ...

Porter's Five Forces analyzes industry strength for potential investment. A strong industry has low buyer/supplier power and barriers to entry. Investors use this model to assess profitability and ...

A few years ago, while in Washington, D.C., I was invited to a Q&A with Michael Porter to speak in a small group setting. I jumped at the idea to meet one of the most cited scholars in business and ...

In our business, we spend a lot of time helping companies determine what their competitive differentiators are. What are their competitive advantages? How do they position themselves as being ...

Although most of their work is driven by numbers and equations, economists are inherently curious about the peculiarities of human behavior—especially when it comes to the forces that affect buying ...

Porter, Michael E. "The Five Competitive Forces That Shape Strategy." Special Issue on HBS Centennial. Harvard Business Review 86, no. 1 (January 2008): 78–93.